Aviation services company AAR has completed the divestiture of its non-core landing gear overhaul business to GA Telesis for a value of $51 million.On December 20, 2024, AAR announced it had entered i...
Aviation services provider AAR has signed a multi-year contract with Cebu Pacific, to provide nacelle maintenance, repair, and overhaul services for the airline’s A320 fleet that is powered by the CFM...
US based aircraft maintenance services provider AAR has posted positive first fiscal quarter 2024 results. It swung to a net profit of $18 million in the quarter, compared to a net loss of $0.6 millio...
Aviation services provider AAR has reported an income of $9.1 million, or $0.26 per diluted share, in its fourth quarter fiscal year 2024 results. Its sales totalled $656.5 million in the quarter. ...
Global aerospace aftermarket solutions company AAR has agreed an extension and expansion of its V2500 engine component distribution agreement with Sumitomo Precision Products (SPP), building on a part...
AAR has broke ground on its expansion for its MRO facility at the Will Rogers World Airport in Oklahoma City with a new three-bay facility. The over 80,000 square feet hangar and warehouse space will ...
AAR Corp has commenced work on its new maintenance, repair and overhaul facility in Miami, which is being constructed alongside the company’s existing hangar at Miami International Airport. The new...
Aviation services provider AAR has elected Jeffrey Edwards to its board of directors, effective immediately. The appointment increases the company's board of directors from 11 to 12 members. Edward...
AAR and Cebu Pacific have signed a multi-year CFM56-5B surplus material agreement. Under this agreement, AAR will support the 30 CFM56-5B scheduled visits Cebu Pacific has planned for the terms of the...
Triumph Group has updated its financial guidance for its full year fiscal 2024, which ends March 31, 2024. The update follows the recent closing on the sale of its former product support business to A...
Aviation services company AAR has completed its acquisition of Triumph Group's product support business, which is a global provider of MRO services in the commercial and defence markets. It has also a...
Triumph Group has offered to purchase up to $580 million of its outstanding 9.000% senior secured first lien notes due March 14, 2028. The purchase will be made with a portion of the net cash proceeds...
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